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I do that all the time, except when I have the factory crimp die. The steps are like you have described. I would recheck the COAL and make adjustments to the stem position if needed.
The advantage is obviously the speed. It also means more chance to screw things up if you are not careful. There should be no down side if you do it correctly.
You are handloading .32 acp eh? Try .25 acp.
-TL
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